What is AGIX? Detailed introduction to the trading platform and total volume of AGIX coins

AGIX, the native token of SingularityNET, facilitates payments for AI services, rewards developers, and enables participation in governance for the decentralized AI marketplace.

Oct 06, 2024 at 04:12 pm

What is AGIX?

SingularityNET is a decentralized AI marketplace where developers can find, share, and monetize AI algorithms and services. AGIX is the native token of the SingularityNET platform. It is used to pay for AI services, reward developers, and participate in governance.

Trading Platform

AGIX is an ERC-20 token that is traded on various cryptocurrency exchanges, including Binance, KuCoin, and OKEx. The token has a total supply of 1 billion.

Trading Volume

As of January 2023, AGIX has a 24-hour trading volume of approximately $4 million. The token's market capitalization is currently about $100 million.

Use Cases

AGIX is used for the following purposes on the SingularityNET platform:

1. Payment of AI services: Users can pay for AI services using AGIX tokens.
2. Rewarding developers: Developers who contribute to the SingularityNET platform can be rewarded with AGIX tokens.
3. Governance: AGIX token holders can participate in the governance of the SingularityNET platform. This includes voting on proposals and electing delegates to represent their interests.

Conclusion

AGIX is a promising token for the growing AI industry. With its decentralized marketplace for AI services, AGIX has the potential to revolutionize the way AI is developed, shared, and used.